ÔDing ChenÕs detailed institutional analysis of the development of the Chinese stock market brings the question of enforcement to centre stage. In doing so, she not only introduces readers to the particularities of the Chinese system; she also sheds new light on conventional debates about the law and economics of corporate governance.Õ Ð Andrew Johnston, University of Sheffield, UK ÔIn this book Dr Ding Chen has made an important theoretical contribution to our understanding of corporate governance in transitional economies and of corporate governance in China especially. Drawing upon the insights of New Institutional Economics theory she examines the interplay between formal and informal enforcement mechanisms relating to corporate governance in China. To support this argument the book breaks new ground by providing a comprehensive examination of enforcement actions in ChinaÕs stock market; her findings are at variance from conclusions found in other research, such as in the law and finance literature. Rather than simply imitating the dominant Anglo-American model of corporate governance, she argues that local conditions will greatly affect the choice of the most appropriate governance models. This has been especially so in China.Õ Ð Roman Tomasic, University of South Australia and Durham Law School, UK This important new book attempts to establish a fresh conceptual framework for the study of corporate governance by employing the new institutional economics of contract enforcement. This framework helps to clarify two critical issues including the role of law in financial development and whether there is an optimal corporate governance model that should be followed by countries attempting to develop their own stock markets. Applying this novel framework, the author conducts a comprehensive study on Chinese corporate governance and discovers that the Chinese stock market has rapidly expanded even in the absence of any effective institutions. She provides a credible explanation to this ÔChina puzzleÕ by arguing that the growth of the stock market is mainly driven by state guarantees, institutional rent seeking by state-owned companies, financial repression and investorsÕ speculation. Indeed, there is probably nowhere better to look than ChinaÕs stock market to assess the limits of the gradualist approach to financial development. As the book explains, the potential efficiency gains that could be created by a healthy, well-functioning stock market have been completely outweighed by the consideration of maintaining the existing political system. This book will appeal to scholars and students of economics and law with an interest in corporate governance, Chinese economic development and new institutional economics.
In late 2015, the Chinese authorities launched a policy to reduce capacity in the coal and steel industries under the wider effort of Supply-Side Structural Reforms. Around the same time, producer price inflation in China started to pick up strongly after being trapped in negative territory for more than fifty consecutive months. So what is behind this strong reflation—capacity cuts in coal and steel, or a strengthening of aggregate demand? Our empirical analyses indicate that a pickup in aggregate demand, possibly due to the government’s stimulus package in 2015-16, was the more important driver. Capacity cuts played a role in propping up coal and steel prices, explaining at most 40 percent of their price increase.
Review of the First Edition "The goal of this book, as stated by the authors, is to fill the knowledge gap that exists between developed statistical methods and the applications of these methods. Overall, this book achieves the goal successfully and does a nice job. I would highly recommend it ...The example-based approach is easy to follow and makes the book a very helpful desktop reference for many biostatistics methods."—Journal of Statistical Software Clinical Trial Data Analysis Using R and SAS, Second Edition provides a thorough presentation of biostatistical analyses of clinical trial data with step-by-step implementations using R and SAS. The book’s practical, detailed approach draws on the authors’ 30 years’ experience in biostatistical research and clinical development. The authors develop step-by-step analysis code using appropriate R packages and functions and SAS PROCS, which enables readers to gain an understanding of the analysis methods and R and SAS implementation so that they can use these two popular software packages to analyze their own clinical trial data. What’s New in the Second Edition Adds SAS programs along with the R programs for clinical trial data analysis. Updates all the statistical analysis with updated R packages. Includes correlated data analysis with multivariate analysis of variance. Applies R and SAS to clinical trial data from hypertension, duodenal ulcer, beta blockers, familial andenomatous polyposis, and breast cancer trials. Covers the biostatistical aspects of various clinical trials, including treatment comparisons, time-to-event endpoints, longitudinal clinical trials, and bioequivalence trials.
This book focuses on the evaluation, coordination, and effects of China’s natural resource utilization. By adopting both quantitative and qualitative analyses, this book objectively evaluates the spatial distribution characteristics and coupling relationship of China’s natural resource utilization based on the status quo and prominent problems during resource utilization. Moreover, the environmental, economic, and price fluctuation effects of China’s natural resource utilization are discussed. Finally, current policy systems for efficient utilization of natural resources in China and abroad are provided, which suggest a way for China to achieve efficient utilization of natural resources through an appropriate policy mechanism. This book aims to seek the balance the utilization of natural resources and sustainable development in China. It puts forward a new paradigm of natural resource utilization by incorporating the efficiency evaluation, coordination measures, and effect mechanisms of different kinds of natural resources. The evaluation system and related research methods for the efficient utilization of natural resources are very mature, laying a foundation for the development of this book’s content. As the conservation of natural resources is widely accepted, this book helps readers understand how to achieve efficient natural resource utilization in China. Meanwhile, the study of resource utilization in China can provide insights for other countries.
This book examines contemporary Chinese political reform through an examination of a number of policy initiatives taken in recent years. These include programs designed to improve administrative efficiency, transparency, and accountability, as well as directives aimed at rebuilding the regime's political support though strengthening local legislatures, overhauling the health care system, enacting labor contract laws, opening up mass media, and improving governance in China's minority regions.
There has been considerable attention to making the methodologies of structural equation modeling available to researchers, practitioners, and students along with commonly used software. Structural Equation Modelling Using R/SAS aims to bring it all together to provide a concise point-of-reference for the most commonly used structural equation modeling from the fundamental level to the advanced level. This book is intended to contribute to the rapid development in structural equation modeling and its applications to real-world data. Straightforward explanations of the statistical theory and models related to structural equation models are provided, using a compilation of a variety of publicly available data, to provide an illustration of data analytics in a step-by-step fashion using commonly used statistical software of R and SAS. This book is appropriate for anyone who is interested in learning and practicing structural equation modeling, especially in using R and SAS. It is useful for applied statisticians, data scientists and practitioners, applied statistical analysts and scientists in public health, and academic researchers and graduate students in statistics, whilst also being of use to R&D professionals/practitioners in industry and governmental agencies. Key Features: Extensive compilation of commonly used structural equation models and methods from fundamental to advanced levels Straightforward explanations of the theory related to the structural equation models Compilation of a variety of publicly available data Step-by-step illustrations of data analysis using commonly used statistical software R and SAS Data and computer programs are available for readers to replicate and implement the new methods to better understand the book contents and for future applications Handbook for applied statisticians and practitioners
Now viewed as its own scientific discipline, clinical trial methodology encompasses the methods required for the protection of participants in a clinical trial and the methods necessary to provide a valid inference about the objective of the trial. Drawing from the authors' courses on the subject as well as the first author's more than 30 years wor
The current drug development paradigm---sometimes expressed as, ``One disease, one target, one drug''---is under question, as relatively few drugs have reached the market in the last two decades. Meanwhile, the research focus of drug discovery is being placed on the study of drug action on biological systems as a whole, rather than on individual components of such systems. The vast amount of biological information about genes and proteins and their modulation by small molecules is pushing drug discovery to its next critical steps, involving the integration of chemical knowledge with these biological databases. Systematic integration of these heterogeneous datasets and the provision of algorithms to mine the integrated datasets would enable investigation of the complex mechanisms of drug action; however, traditional approaches face challenges in the representation and integration of multi-scale datasets, and in the discovery of underlying knowledge in the integrated datasets. The Semantic Web, envisioned to enable machines to understand and respond to complex human requests and to retrieve relevant, yet distributed, data, has the potential to trigger system-level chemical-biological innovations. Chem2Bio2RDF is presented as an example of utilizing Semantic Web technologies to enable intelligent analyses for drug discovery. Table of Contents: Introduction / Data Representation and Integration Using RDF / Data Representation and Integration Using OWL / Finding Complex Biological Relationships in PubMed Articles using Bio-LDA / Integrated Semantic Approach for Systems Chemical Biology Knowledge Discovery / Semantic Link Association Prediction / Conclusions / References / Authors' Biographies
Special Distillation Processes, Second Edition focuses on the latest developments in the field, such as separation methods that may prove useful for solving problems encountered during research. Topics include extraction, membrane and adsorption distillation involving the separation principle, process design and experimental techniques. The relationship between processes and techniques are also presented. Comprehensive and easy-to-read, this book provides key information needed to understand processes. It will be a valuable reference source for chemical engineers and students wishing to branch out in chemical engineering. Provides the only comprehensive book available on special distillation processes Contains a thorough introduction to recent developments in the field Presents a valuable reference for students, academics and engineers in chemical engineering
This unique book addresses the statistical modelling and analysis of microbiome data using cutting-edge R software. It includes real-world data from the authors’ research and from the public domain, and discusses the implementation of R for data analysis step by step. The data and R computer programs are publicly available, allowing readers to replicate the model development and data analysis presented in each chapter, so that these new methods can be readily applied in their own research. The book also discusses recent developments in statistical modelling and data analysis in microbiome research, as well as the latest advances in next-generation sequencing and big data in methodological development and applications. This timely book will greatly benefit all readers involved in microbiome, ecology and microarray data analyses, as well as other fields of research.
This book provides a concise point of reference for the most commonly used regression methods. It begins with linear and nonlinear regression for normally distributed data, logistic regression for binomially distributed data, and Poisson regression and negative-binomial regression for count data. It then progresses to these regression models that work with longitudinal and multi-level data structures. The volume is designed to guide the transition from classical to more advanced regression modeling, as well as to contribute to the rapid development of statistics and data science. With data and computing programs available to facilitate readers' learning experience, Statistical Regression Modeling promotes the applications of R in linear, nonlinear, longitudinal and multi-level regression. All included datasets, as well as the associated R program in packages nlme and lme4 for multi-level regression, are detailed in Appendix A. This book will be valuable in graduate courses on applied regression, as well as for practitioners and researchers in the fields of data science, statistical analytics, public health, and related fields.
How did ancestral arthropods successfully diversify to colonize the land? How do insects use their wings to exploit terrestrial and freshwater ecosystems by metamorphosis? The causes and consequences of metamorphosis are still poorly understood in biology. This collection of essays examines the molecular basis underlying the metamorphosis regulation of the white wax scale insect (WWS), a fascinating insect that undergoes different metamorphoses between males and females. It shows that the WWS has produced great economic or medical benefits for human beings for thousands of years. This book provides interesting information for scientific and technical personnel, as well as undergraduate and graduate students engaged in entomology, molecular biology and biogeography.
This IBM® RedpaperTM publication is a comprehensive guide covering the IBM Power 710 and Power 730 servers supporting AIX®, IBM i, and Linux® operating systems. The goal of this paper is to introduce the major innovative Power 710 and 730 offerings and their prominent functions, including these: The POWER7TM processor available at frequencies of 3.0 GHz, 3.55 GHz, and 3.7 GHz The specialized POWER7 Level 3 cache that provides greater bandwidth, capacity, and reliability The 1 Gb or 10 Gb Integrated Virtual Ethernet adapter, included with each server configuration, and providing native hardware virtualization PowerVMTM virtualization including PowerVM Live Partition Mobility and PowerVM Active MemoryTM Sharing Active Memory Expansion that provides more usable memory than what is physically installed on the system EnergyScaleTM technology that provides features such as power trending, power-saving, capping of power, and thermal measurement. Professionals who want to acquire a better understanding of IBM Power Systems products can benefit from reading this paper. This paper expands the current set of IBM Power Systems documentation by providing a desktop reference that offers a detailed technical description of the Power 710 and Power 730 systems. This paper does not replace the latest marketing materials and configuration tools. It is intended as an additional source of information that, together with existing sources, can be used to enhance your knowledge of IBM server solutions.
This monograph provides a concise point of research topics and reference for modeling correlated response data with time-dependent covariates, and longitudinal data for the analysis of population-averaged models, highlighting methods by a variety of pioneering scholars. While the models presented in the volume are applied to health and health-related data, they can be used to analyze any kind of data that contain covariates that change over time. The included data are analyzed with the use of both R and SAS, and the data and computing programs are provided to readers so that they can replicate and implement covered methods. It is an excellent resource for scholars of both computational and methodological statistics and biostatistics, particularly in the applied areas of health.
Metaheuristics for Resource Deployment under Uncertainty in Complex Systems analyzes how to set locations for the deployment of resources to incur the best performance at the lowest cost. Resources can be static nodes and moving nodes while services for a specific area or for customers can be provided. Theories of modeling and solution techniques are used with uncertainty taken into account and real-world applications used. The authors present modeling and metaheuristics for solving resource deployment problems under uncertainty while the models deployed are related to stochastic programming, robust optimization, fuzzy programming, risk management, and single/multi-objective optimization. The resources are heterogeneous and can be sensors and actuators providing different tasks. Both separate and cooperative coverage of the resources are analyzed. Previous research has generally dealt with one type of resource and considers static and deterministic problems, so the book breaks new ground in its analysis of cooperative coverage with heterogeneous resources and the uncertain and dynamic properties of these resources using metaheuristics. This book will help researchers, professionals, academics, and graduate students in related areas to better understand the theory and application of resource deployment problems and theories of uncertainty, including problem formulations, assumptions, and solution methods.
Too often in biostatistical research and clinical trials, a knowledge gap exists between developed statistical methods and the applications of these methods. Filling this gap, Clinical Trial Data Analysis Using R provides a thorough presentation of biostatistical analyses of clinical trial data and shows step by step how to implement the statistical methods using R. The book’s practical, detailed approach draws on the authors’ 30 years of real-world experience in biostatistical research and clinical development. Each chapter presents examples of clinical trials based on the authors’ actual experiences in clinical drug development. Various biostatistical methods for analyzing the data are then identified. The authors develop analysis code step by step using appropriate R packages and functions. This approach enables readers to gain an understanding of the analysis methods and R implementation so that they can use R to analyze their own clinical trial data. With step-by-step illustrations of R implementations, this book shows how to easily use R to simulate and analyze data from a clinical trial. It describes numerous up-to-date statistical methods and offers sound guidance on the processes involved in clinical trials.
This book aims to provide a comprehensive introduction to the theory and applications of the mechanics of transversely isotropic elastic materials. There are many reasons why it should be written. First, the theory of transversely isotropic elastic materials is an important branch of applied mathematics and engineering science; but because of the difficulties caused by anisotropy, the mathematical treatments and descriptions of individual problems have been scattered throughout the technical literature. This often hinders further development and applications. Hence, a text that can present the theory and solution methodology uniformly is necessary. Secondly, with the rapid development of modern technologies, the theory of transversely isotropic elasticity has become increasingly important. In addition to the fields with which the theory has traditionally been associated, such as civil engineering and materials engineering, many emerging technologies have demanded the development of transversely isotropic elasticity. Some immediate examples are thin film technology, piezoelectric technology, functionally gradient materials technology and those involving transversely isotropic and layered microstructures, such as multi-layer systems and tribology mechanics of magnetic recording devices. Thus a unified mathematical treatment and presentation of solution methods for a wide range of mechanics models are of primary importance to both technological and economic progress.
This IBM® RedpaperTM publication is a comprehensive guide that covers the IBM Power 795 server that supports IBM AIX®, IBM i, and Linux operating systems. The goal of this paper is to introduce the innovative Power 795 offering and its major functions: IBM POWER7® processor, available at frequencies of 3.7 GHz and 4.0 GHz with TurboCore options of 4.25 GHz and 4.31 GHz Specialized POWER7 Level 3 cache that provides greater bandwidth, capacity, and reliability IBM PowerVM® virtualization, including PowerVM Live Partition Mobility and PowerVM IBM Active MemoryTM Sharing TurboCore mode that delivers the highest performance per core Enhanced reliability, accessibility, and serviceability (RAS) features that are designed for maximum availability Active Memory Expansion that provides more usable memory than what is physically installed on the system IBM EnergyScaleTM technology that provides features such as power trending, power-saving, capping of power, and thermal measurement Professionals who want to acquire a better understanding of IBM Power SystemsTM products can benefit from reading this paper. This paper complements the available set of IBM Power Systems documentation by providing a desktop reference that offers a detailed technical description of the Power 795 system. This paper does not replace the latest marketing materials and configuration tools. It is intended as an additional source of information that, together with existing sources, can be used to enhance your knowledge of IBM server solutions.
This book presents state-of-the-art research advances in the field of biologically inspired cooperative control theories and their applications. It describes various biologically inspired cooperative control and optimization approaches and highlights real-world examples in complex industrial processes. Multidisciplinary in nature and closely integrating theory and practice, the book will be of interest to all university researchers, control engineers and graduate students in intelligent systems and control who wish to learn the core principles, methods, algorithms, and applications.
This book focuses on how to appropriately plan and develop a Phase II program, and how to design Phase II clinical trials and analyze their data. It provides a comprehensive overview of the entire drug development process and highlights key questions that need to be addressed for the successful execution of Phase II, so as to increase its success in Phase III and for drug approval. Lastly it warns project team members of the common potential pitfalls and offers tips on how to avoid them.
The Chinese economic miracle is happening despite, not because of, China's 900 million peasants. They are missing from the portraits of booming Shanghai, or Beijing. Many of China's underclass live under a feudalistic system unchanged since the fifteenth century. They are truly the voiceless in modern China. They are also, perhaps, the reason that China will not be able to make the great social and economic leap forward, because if it is to leap it must carry the 900 million with it. Chinese journalists Wu Chuntao and Chen Guidi returned to Wu's home province of Anhui, one of China's poorest, to undertake a three-year survey of what had happened to the peasants there, asking the question: Have the peasants been betrayed by the revolution undertaken in their name by Mao and his successors? The result is a brilliant narrative of life among the 900 million, and a vivid portrait of the petty dictators that run China's villages and counties and the consequences of their bullying despotism on the people they administer. Told principally through four dramatic narratives of particular Anhui people, Will the Boat Sink the Water? gives voice to the unheard masses and looks beneath the gloss of the new China to find the truth of daily life for its vast population of rural poor.
Thank you for visiting our website. Would you like to provide feedback on how we could improve your experience?
This site does not use any third party cookies with one exception — it uses cookies from Google to deliver its services and to analyze traffic.Learn More.